top of page

๐Ÿ”” BREAKING ๐Ÿ”” Gold and Silver RIP HIGHER, as India restricts imports of plain gold jewelry ๐Ÿ˜ฑ๐Ÿ”ฅ


Gold and silver rocketed higher to the tune of 1.4%, or $26 for Gold, and 4.5%, or $ $1.06 for Silver. India announced today that they will be restricting imports on plain gold jewelry, as they attempt to plug loopholes and its trade policy. There is also a recent move by central bankers to speed up the process of repatriation, which essentially means taking the physical gold out of London and New York, and moving it to one's home country, which will make the pool of available derivatives even less than it already is, as Gold and Silver supplies have been draining for quite some time. Also, inflation came in at around 3%, which is certainly disinflation from the 9% inflation we saw in June of 2022, but we know this number is statistically manipulated, and prices for goods we need continue to rise, while prices for goods and services we don't need, or are a luxury, continue to flatline and decline. The consumer is tapped out with near maxed out credit cards, at 20% interest rates. 7.5% mortgage rates? Insane! Something has to break soon. If we can't handle these high rates for very long, the rest of the world will not, particularly as trillions of dollars of all kinds of debt, particularly commercial real estate loans and government debt come due over the next 2 years.


Gold and Silver investors are very patient, and understand what real money is, as opposed to the synthetic derivative. These powers have tricked people into using over the past 75 - 100 years. Reversion to the mean is a real thing, and when more market participants realize the value of Gold and Silver, they will both eventually become unobtanium as the supply and demand metrics are skewed, as the banks have been lending Fiat to miners to pull forward production that otherwise would have been uneconomical, especially at these prices. Subsequently, demand has been artificially suppressed as market entrance look to higher prices to beget higher prices. In other words, the big market players (ironically) do not want to buy Gold until it's over $2,100 an ounce, and until Silver is over $30 an ounce (go figure). That is when the ride will just be getting started. Of course, there will be players along the way that will want to get out at different price points, but we all know where this game ends. When the central bankers break, no one knows what will happen. When the BRICS+ vs IMF/BIS fight occurs in the octagon, it will be the biggest fight of the century. Gold and Silver will win at the end of the day, because they are real money, and have been for 5,000 years.


Contact and subscribe here: www.SilenceDoGood.io


@familyman20181

โ˜•โœ๏ธ

290 views0 comments

Recent Posts

See All
bottom of page